Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Caledonia area can be challenging. Home prices in Caledonia are now at a median cost of $126,280, lower than the Minnesota average of $269,934.
The average cost of rent is $650/mo in Caledonia, primarily driven by the current value of real estate in the Caledonia area. While nearly 53.39% of residents own their homes outright in Caledonia, 22.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Caledonia is $4,772 per month. Households that rent pay about 13.62% of their income on rent here. Caledonia's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Sheldon, MN: higher priced homes
- Freeburg, MN: higher priced homes
- Wilmington, MN: higher priced homes
- Eitzen, MN: higher priced homes
- Spring Grove, MN: higher priced homes
- Houston, MN: higher priced homes
- Hokah, MN: higher priced homes
- Reno, MN: higher priced homes
- Yucatan, MN: higher priced homes
- Brownsville, MN: higher priced homes
Cities with Similar Populations
- Brandon, VT: higher priced homes
- Brookdale, SC: equally priced homes
- Deerfield, WI: higher priced homes
- Robins, IA: higher priced homes
- Monroe, IN: higher priced homes
- Parrottsville, TN: higher priced homes
- Luverne, AL: less expensive homes
- Avilla, IN: higher priced homes
- Marionville, MO: higher priced homes
- Mason, TN: equally priced homes
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